the first Dawson’s creek Star James Van Der Beek is suing SiriusXM and Stitcher for breach of contract over their podcast deal, which is believed to be worth $700,000.
According to the complaint filed in Los Angeles on August 26, Van der Beek reached an emailed agreement with executives at the audio giant to host 40 episodes of the podcast, to be released weekly, in exchange for a minimum guarantee of $700,000 and 50% off. Reduction in net advertising revenue. Other financial terms outlined in the lawsuit include a production budget of $153,000 and a marketing budget of $50,000, both against receipts paid.
But around July 8, SiriusXM finally backed out of the deal, despite earlier communication, in an email dated April, that the company was “prepared to formally invoke the terms of the closure,” according to the lawsuit. . As a result, Van der Beek accused SiriusXM of rejecting the deal after it had already “broken off negotiations with other buyers and positively rejected these other offers” to work with SiriusXM and Stitcher.
“The agreed deal was even considered.” [SiriusXM] At first glance so [Van Der Beek] Failed to work on other podcasts. However, after the project was given the green light and several follow-ups were made. [SiriusXM] To put together the podcast, Sirius and Stitcher turned down the deal, telling him [Van Der Beek] that they would not comply,” the lawsuit says.
A representative for SiriusXM declined to comment.
Van der Beek is seeking damages in excess of $700,000.
Source: Hollywood Reporter
Camila Luna is a writer at Gossipify, where she covers the latest movies and television series. With a passion for all things entertainment, Camila brings her unique perspective to her writing and offers readers an inside look at the industry. Camila is a graduate from the University of California, Los Angeles (UCLA) with a degree in English and is also a avid movie watcher.
